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ACQUIHIRE DEALS
Google DeepMind hires staff from Contextual AI in licensing deal, source saysGoogle DeepMind is reportedly acquiring over 20 researchers and licensing technology from AI startup Contextual AI for $80 million to $90 m...- How China block of AI deal could stop 'Singapore-washing'China has blocked Meta's acquisition of Singapore-based AI firm Manus, signaling a crackdown on "Singapore-washing." This move, aimed at pr...
- AI firms scout for startup buyouts to boost full-stack tech capabilitiesAI firms are actively acquiring startups to build full-stack capabilities as enterprises move towards large-scale AI deployment. This conso...
- OpenAI acquires AI personal finance startup HiroHiro Finance, backed by VC firm Ribbit as well as General Catalyst and Restive, was founded in 2023. The startup launched its AI-based fina...
- Co-branded cards squeeze; Slice’s valuation resetHappy Wednesday! Global economic challenges are casting dark clouds over the Indian consumer lending business. This and more in today’s ETt...
- AI + acqui-hire is the new-age growth mantraOne theme that dominated headlines amid billion-dollar M&As in the AI sector was the acqui-hire. These deals were focused on retaining foun...
- Big Tech's acquihire deals face regulatory scrutiny, outgoing EU antitrust official saysEuropean Union is considering stricter rules for Big Tech companies. Regulators are concerned about 'acquihires', where tech giants hire ta...
- Meta's $14.8 billion Scale AI deal latest test of AI partnershipsUnlike an acquisition or a transaction that would give Meta a controlling stake, the deal does not require a review by US antitrust regulat...
- Big Tech’s acqui-hire strategy heats up as demand for AI talent soarsIn the last two years, large technology players have been acquiring AI startups for their technology teams. Microsoft paid $650 million in ...
- US senators call out big tech's new approach to poaching talent, products from smaller AI startupsPresident Joe Biden's administration and lawmakers from both parties have promoted stricter oversight of the tech industry recently. US ant...
- BHIVE Group acquires product engineering firm PraemenioThe transaction comprises a composite structure involving both cash and equity. As part of this acquihire, BHIVE will absorb a 10-member te...
- Acquihiring rises among startups as talent becomes real differentiatorIn the last one year, over a dozen Indian startups—from Byju's to HealthifyMe—have been on an acquihiring spree to not only fill a market g...
- Startups combine forces to tide over tough timesDoctor consultation app DocsApp's merger with Bengaluru-based MediBuddy to expand its reach and enter new service categories was a key M&A ...
- SpiceJet acqui-hires Bengaluru-based airline e-commerce technology company Travenues"We are glad to welcome team Travenues to SpiceJet. This acqui-hire will help SpiceJet strengthen its e-commerce platforms as we continue t...
- Yuvraj Singh-backed Healthians acqui-hires Healthy LabsThis is the first acqui-hire for Healthians, which is now planning to take this route to expand to newer cities, especially in south India.
- Swiggy acqui-hires Bengaluru-based AI startup Kint.ioThe team at Kint.io will join the company to boost its computer vision technology and superior consumer experience.
- Mid-sized startups warm up to the idea of M&AsStartups, which have raised angel to Series-B funding, are gradually opening up to M&As, hoping for a quicker and easier exit for both entr...
- AcquiHiring: The new startup buzzword to gain technology and talentIn a fast-consolidating startup market, startups are snapping up companies. Some of these purchases are traditional takeovers.
- Ecommerce companies like Flipkart and Snapdeal on 'acquihiring' spree for best talent, ideasThe trend of acquihiring - acquiring a firm for its cutting-edge technology & hiring its employees for their expertise - is catching up fas...
- Acqui-hiring: Startups being lapped up for people steering themAcqui-hiring is not done for regular run of the mill talent, but for entrepreneurial teams that have demonstrated breakthrough innovation c...
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